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and shall per/orm, rnmply with and abide 6q each and everq the agnsments, stipulations, conditions and
cotenants thereof, and of this mortgage, lhen this mortgage and the estate hereby created, :hall cease. de-
fermins and be null and twirl.
the mortgagor hen+by further covenants and agrees fo pay promptly when dw the principal and
intereaf and other sums of money provided for in said Hots and the mortgage. w either: to par all and
singular the faxes, assessments; levies. liabilities. obligations. and encumbrances of every nature on said pro-
perty: to permit. rnmmtt or suffer no waste. impairment or deferiomfion of said land or the fmprowments
thereon at any time: to leeep 1hs buildings now or hereafter on said Land fully irtstu~ed to a sum of not less
than MAXIMUM INSURABLE VALUE
in a company or companies acceptable to the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in the event any sum of money becomes parable br virtue bf such insurance the
mortgagee shall have the right to receive and apply the same to the Indebtedness herebp second. aceotinttng
fo the mortgagor for any surplus: to pay alI costs, charges, and experues, including Iawyeri feces and titb
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully rnmply with the agreements, sltpulatioru, conditions and covenants of said note and this mortgage.
or either: to perform, comply with and abide by each nnd;.every the agreements. stipulations, conditions and
rnvenants set forth 1n said note and this mortgage or either.,ln the event the mortgagor fails to pay when
due am tax, aueaament, insurance premium or other sum of , rnoner payable by virtue of said note and thia
mortgage. or either. the mortgagee mar par the same.. withopf waiving or affecting the option to f
or+eclose
or any other right hereunder, and all stub pnytnents shall bear interest from date !keno/ at the highest law-
f
ul rate then allowed by the bw: of the -State of Florida.
any sum of money herein referred to be not promptly paid within thirty days next of
ter
the same becomes due, or i( each and every the agreements. stipulations. conditions and rnvenants of said
not~r and this mortgage, or either, are not fully perfonrted, complied with and abided by, then the enfin
sum mentioned in said note, and thi, mortgage, or the entire balance unpaid thereon. shall forthwith or
thereafter, at the option of the mortgagee, became and be due and parable, anything in said note a herein
to the rnntrory notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or option: under said note or this mortgage accrued or
thereo{ter amuing.
~n ~ttnt3S Thereof, the said mortgagor has Iterrunto signed and sealed these presents the
day and year first nbone u~?iifen.
Signed, sealed and delivered in t esence of
~ ~Ral ~ E . nson
..~.._~_.._.i._.....~....--.-.~4 ......li
Sara ~~C . Jo on
STATE OF FLORIDA.
Cot t:~'TY of ST . LUC ZE
I HEREBY CERTIFY that on this day, before tae, as
o(ticer duly authorized in the State aforesaid and in the County aforesaid to take acknawiedsments, personally appeartd
RALPH E. JOHNSON, also known as RALPH JOHNSON, and SARA C. JOHNSON,
his wife,
to me krawn to be the pcrson8 described in and who executed the forr~oin~ instrument and they acknowkdRed
before me that theyexecuted the same.
H 17 :'MESS my hand and official seal in the County and State last aforesaid this 9 ;:daT~ d..
October, • A.- D. 19 80 • ~ ~
C^ % ~ :'t j~ Ji
o,s~ _7 r.` i~; ~ ! No ry Public - ~S ate t~~ ~3t_ ~f
. 1`
1,, i» ~ at large. .~,':5~~;~;ir.;r.
t s: ~ r : ~ - My Commission expires :
Y
506448
17u's huuruiiunl papnrrd by:
nddrrJS 8~3~2 P~i618